ASSIGNMENT OF DENSITY -SAND KEY INVESTMENT PROGRAM 1 LIMITED
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JOHNSON, BLAKELY, POPE, BOKOR, RUPPEL & BURNS, P. A.
ATTORNEYS AND COUNSELLORS AT LAW
E. D. ARMSTRONG m
.JOHN T. BLAKELY
BRUCE H. BOKOR
GUY M, BURNS
MICHAEL T. CRONIN
ELIZABETH .J. DANIELS
LARRY .J. GONZALES
MARION HALE
.JACQUELINE W. HUBBARD
REBECCA HENSON HUDOBA
SCOTT C. ILGENFRITZ
TIMOTHY A. .JOHNSON, .JR.
RICHARD D. LA BELLE m
E. .JOHN LOPEZ
MARIA MAISTRELLIS
DAVID N. MORRISON
F. WALLACE POPE, .JR.
DAVID P. RHODES
DARRYL R. RICHARDS
DENNIS G. RUPPEL
STEVEN M. SEIBERT
WILLIAM R, SWINDLE
GLEE A. TRIPLETT
.JOAN M. VECCHIOLI
MICHAEL T. WILLIAMS
CLEARWATER OFFICE
911 CHESTNUT STREET
POST OFFICE BOX 1368
CLEARWATER, FLORIDA 33517-1368
TELEPHONE (813) 461-1818
TAMPA OFFICE
201 E. KENNEDY BOULEVARD
POST OFFICE BOX 1100
TAMPA, FLORIDA 33601-1100
TELEPHONE (813) 223-7576
PLEASE REPLY TO CLEARWATER
FILE NO.
February 9, 1987
Ms. Cindy Goudeau CERTIFIED MAIL~RRR
City Clerk
City of Clearwater
P.O. Box 4748
Clearwater, FL 33518
Re: Sand Key Settlement Agreement
Dear Cindy:
Enclosed is a copy of an Assignment of Density in connection with
the referenced Settlement Stipulation.
This Assignment transfers forty units
as defined in the Settlement Stipulation,
the Settlement Stipulation. I am sure you
your permanent records.
of density from Parcel IV,
to Parcel II, as defined in
will want to keep these for
Very truly yours,
JOHNSON, BLAKELY, POPE, BOKOR,
RU~.BU~
E. D. Armstrong III
EDA: jm
cc: Mr. Joseph Mc Fate
with enclosures
Ms. Roberta Dennis
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ASSIGNMENT
fEa l 1 as Ph tB'{
THIS ASSIGNMENT made this 23rd day of JaIl1.lary . , 1987, by
SAND KEY INVESTMENT PROGRAM I, LTD., a FLorida limited
partnership, ("Assignor"), and AMERICAN DESIGN AND DEVELOPMENT
CORPORATION OF SAND KEY, a Florida corporation, ("Assignee").
WIT N E SSE T H:
Assignor, in consideration of the sum of Ten Dollars
($10.00) and other valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, does hereby grant,
bargain, sell, convey, and assign to Assignee a total residential
living unit count of forty (40) units, which units are allocated
to the property described on Exhibit "A" attached hereto and made
a part hereof ("Parcel A") pursuant to the City of Clearwater's
zoning and land use ordinances.
TO HAVE AND TO HOLD the aforesaid units set forth above in
connection with, and only in connection with the real estate
described on Exhibit liB" attached hereto and by this reference
incorporated herein ("Parcel B").
The utilization of the units described above shall be
limited to Parcel B, and upon completion of Assignee's
development of Parcel B, all units not so utilized shall be
reconveyed to Assignor for the benefit of Parcel A within five
(5) days of request by Assignor.
This Assignment is given in accordance with paragraph 11 of
the Settlement Stipulation in United States Steel Corporation vs.
City of Clearwater, Circuit Civil NO. 78-4765-7, Pinellas County,
Florida.
IN WITNESS WHEREOF, Assignor has executed this Assignment as
of the day and year first written above.
WITNESSES:
SAND KEY INVESTMENT PROGRAM I,
LTD., a Florida limited
partnership
By: SKY LAMD CQRP. partner
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By:
Vice-President
Its General Partner
STATE OF
24 24726974 70
40
TOT,iL
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13.00
13 . (:)0 CHV,
Florida
Pinellas
COUNTY OF
The foregoing instrument was acknowledged before me this
-1l!:d day of January, 1987, by Roberta H. Dennis 1 as General
Partner of SAND KEY INVESTMENT PHOGPJI..M I ,LTD. raFLoridaulimited
partnership, oribehalf of said partnership.
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No ar Public ~.~ ,-:-:-,-~,- ~ - _:: '
RE40.2...12036
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My commission ~xpi]:'cs~,
NOTARY PUBLIC STATE OFF10RIDA
MY COMMISSION EXP. NO\! 19;:1987~ ..
BONDED TfiRU GEtlERAL INS~. ~Ntl~'
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EXHIBIT A
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a point of reference commence a . the Section corner.
..C ommon to Sections I 7. lB. 19 And;.20 .of.... said To. wnship"
and Ranoe. aanoweatablishedashaving the coordinates'
(ba.ed on the Pinellas County Cr1dSyat em) of North "
6500.72,.E:ast 31452.98: thencerunll 89010'31- E; ..long
~he Section line dividing said Seciions 17 ana 20, &
stance of 8<3.47 feet to an-~Int.er8ect.ion'with the
enterline of Culf Boulevard (State Roed No. 208) AS
now established A.8 a 100-foot right-of-way: thence run
54201)'31- W along said cent~rlin~ a distance of 263.9
feet to a oo1.nt: thence'run N47046' 29" W,' a di.8tance of
50.00 feet to the point of Beglnning: tnence run
W 42013'31"' E. along the Northwesterly,right-of-wayline
of aforesaid Gulf Boulevard, A distance of, 6S0~00 feet:
thence run II -47046'29" W, .. dist.ance of (776.5 feet more
or less deed) (1169.69' IDOreor less field) to the lDean
high water line (elevation 1.29 feet W.G.V.D. of the
Gulf of Mexico: thence run southerly .1~n9 said mean
high waterline, a di.stance of (690 feet. acre or less
deed> (724. 7.~r. or leas field) to & point that liea
N 47046' 29"' W. and (5~0 feet lDoreor 1e5.5 deed' <649.21'
more or lea. field) distant troll t.he Point of 8eqinninq.
thence run S ~70~6'29. E, . di.5tance of (540 Leet more
or les.5deed) (849.2~' mere or less field) to the Point
t;)f Beqinninq.
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EXHIBIT B
treAt DESCRlrTlON
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-----......-_,..~ :.- ,-'---
on . ...
A ponion of Sect1.on 19, TO\JTl!'ihir ~9 $n1Irh. Range lS [:!st, Pincllas
County, florid:!. beint ml'Te p.,rlll"lIl:1rly J\.:srrihco :!s Iol10....s:
Commence at the $outhr.:lst cornl'r of s,:1id Section 19, thence N. 89oOl.'07" \l.,
2351.80 feet along the 50I1t\. line of s:1id Section to a roint on the
\.JesterI>, right-o!-w.3Y lint' of r.,,1! l\oulevard (lOO' R/'W, O.R. 1766, 'Pg. .
293-295); thence alon~ ~:lid \Jesterly ri~ht-of-w:lY line N. -31058'20" E..
553.31 feet to the Point of [h'r,inninb; thance N. fl9001.'07" .1..'., 383.00
feet. more or less to a rnint on the me:!n high water line 01 the Culf
of t1exico; 5.3id point hCrL'in:lftl'r rcfcrTC'd to:lS roint ",," [or con-
venit!nce; thene" trom th~ roint of T\C'r,inninr. run alnnJ; the aforcrnentionc-d
'Westerly r1ght-o!-....ay linr of ~ul[ 8oulev~~d th~ [6]ln....1ng rourses and
curvesi N. :no5B'20" L. 103.7J I~et to a poi-nt of curve; thence ~orth-
. westerly along s3id curve \.lith a r;lc:lius of 18~9.86 feet through a cen-
tral angle of 09007 'J,l" , an .arc di!'it~nce of 296."30 fce~ (C.B.
N. 27024'30" E., 295-.99 fcC't); thence ~.2:!oSO'J9" E.~ "308.50 feet;
thence leaving said 'Westerly r1~ht-of-.....:'lY line, N. 670-09'21" \J., 39S
feet, more or less to the mC'~n hi~h \.later line of r.u1f of Mexico;
thenc~ South....esterly alon~ s~id mc~n high ....ater line and binding
therewith to thc ::lfOrplftl'IH in"..,l 1\lllll "^".